Tag Archives: #LLPPotentialIssues

LLP partners liable for debts right or wrong?

LLP partners liable for debts   LLP partners liable for debts: This means that the personal assets of the partners are protected from being used to satisfy the partnership’s debts, beyond their capital contributions or agreed-upon obligations. The liability protection provided in an LLP varies from country to country, as the laws governing LLPs differ.… Read More »